INTERNSHIP REPORT ON Meezan Bank Ltd.

Rafay Munir Submitted in partial fulfillment of the requirements For the degree of Master of Business Administration

At

National University of Modern Languages Islamabad, Pakistan August 2011

Copyright by Rafay Munir, 2011

NATIONAL UNIVERSITY OF MODERN LANGUAGES Faculty of Management Sciences

It is hereby certified that the report has been thoroughly and carefully read and recommended to the faculty of Management Sciences for acceptance of Final Internship Report by Rafay Munir, Roll No. 10751, session (August 2008 to December 2011) Morning, in partial fulfillment of the requirement for the degree of Master of Business Administration of National University of Modern Languages Islamabad.

Dated: September 22, 2011

Supervisor Name Supervisor signature Panel Member Name

______________ ______________ ______________

Panel Member Signature ______________

Head of Department: _______________________ (ii)

NATIONAL UNIVERSITY OF MODERN LANGUAGES Faculty of Management Sciences Evaluation Performa Name of intern: Rafay Munir
This internship started on 10th August, 2011 and was completed on 21st September, 2011 at Meezan Bank Ltd., Milad Chowk, Eid Gah Road, Bahawalpur. Please give a brief summary of internship: Evaluation of personal/professional qualities of the intern observed during the internship. Select one evaluation level for each area by making X under that level that represents the interns performance.
Excellent Good
Ability to adapt to a variety task Decision making: judgment: setting priorities

Average

Poor

does not apply

Persistence to complete tasks Reliability and dependability Enthusiasm for the experience Attention to accuracy and details Willingness to ask for and use guidance Ability to cope in stressful situation Ability to organize, classify, and deliver information effectively Ability to plan with and work cooperatively with others professionalism: demonstrated interest in the issues, policies and organizations related to the field Additional Comments: _____________________________________________________________________________________ _____________________________________________________________________________________ Signature and stamp of concerned official and date of evaluation: _____________________________ (iii)

ACKNOWLEDGEMENT
With the name of Allah who is the most beneficial & merciful. I am very thankful to Allah for his unlimited blessings for me. I have completed this task with the help of my Allah and my family.

I am also very thankful to the staff members of MBL Meelad Chowk Branch for their cooperation & kindness; especially I am thankful to Mr. Shafiq-Ur-Rehman (Manager), Mr. Farid(Operational Manager), Mr. Aamir (Marketing), Mr. Hammad (Car Ijarah), Mr Tanveer, Mr. Yasir (House Finance), Mr. Nauman (Accounts), Mr. Junaid (accounts), Mr. Nasir and all the remaining staff members of the MBL Meelad Chowk Branch. I am very thankful to them for their guidance & support. They provide me a lot of information &

knowledge of banking with in very short period of time. I cannot forger their cooperation & kindness, many regards to them.

I have gain practical knowledge of banking functions & their processes during my internship. I have tries to get more & more information &knowledge about banking from senior & experienced employers of Meezan Bank Ltd. during my internship period.

(iv)

DEDICATION

To my parents, especially to my kind father. I cannot forget their cooperation and sacrifices.

(v)

Executive summary

Meezan is a publicly listed company first incorporated on January 27, 1997. It started operations as an investment bank in August of the same year. In January, 2002 in an historic initiative, Meezan Bank was granted the nation's first full-fledged commercial banking license dedicated to Islamic Banking, by the State Bank of Pakistan.. MBL is incorporated in Pakistan and engaged in Islamic and commercial banking. It is listed on all the stocks exchanges in Pakistan. The banks registered office and principal office are situated. The adoption of new technology and offering new products has made MBL one of the best domestic bank of Pakistan. I feel pleasure and honor that I got the opportunity to work in such a privileged and reputable Islamic bank of the country. During my internship program I tried my level best to equip myself with all important knowledge. In this report, I have tried to humble endeavor to cover various aspects of bank like, introduction, its history, main departments, culture, objectives, working financial analysis and also identify its strengths, weaknesses, opportunities and also give my recommendations. Meezan Bank is a growing bank that has 230 branches in 60 cities across Pakistan. Its main focus is on customer satisfaction, which they achieve in order to provide better services. According to the department internship program I completed my six weeks internship at MBL Bahawalpur Branch.

(vi)